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Euro Struggles for Footing in Asia

Euro Struggles for Footing in Asia

Feb 22, 2012

As reality settles in, the Euro is finding itself under renewed pressure, as investors consider worries of growth woes and implementation risks for the Mediterranean nation.

Euro Rises on Greek Bailout Deal

Euro Rises on Greek Bailout Deal

Feb 21, 2012

Following the news that the Eurozone’s policymakers have finally agreed on the deal which would give Greece the €130 billion needed to avoid a messy default, the Euro rose against the U.S. Dollar and traded at a high of $1.3293.

Euro Gets Fresh Help on Greek Hopes

Euro Gets Fresh Help on Greek Hopes

Feb 20, 2012

Investors hoped remain firmly pinned on a resolution today to the Greek bailout issue, which has helped to buoy the Euro and other commodity-linked currencies.

Japanese Yen Continues to Weaken

Japanese Yen Continues to Weaken

Feb 17, 2012

In Asian trading, the U.S. Dollar struck a 3½ month peak against the Japanese Yen as better than expected U.S. data points provided a lift to the greenback, already rallying since the Bank of Japan’s movement earlier this week.

Euro Tumbles on Renewed Greek Worries

Euro Tumbles on Renewed Greek Worries

Feb 16, 2012

Following a surprise announcement that the E.U. would not make a do-or-die decision on the Greek bailout loan, the Euro tumbled to a 3-week low against the U.S. Dollar on renewed worries that Greece will be unable to meet its March 20th debt obligations.

Greek Bailout Delayed Yet Again

Greek Bailout Delayed Yet Again

Feb 15, 2012

A planned meeting in Brussels for today which was aimed at approving the Greek bailout plan was delayed again after Eurozone finance ministers claimed that Greek party chiefs failed to commit to the necessary reforms.